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Zimbabwe: Mnangagwa registers for first national elections with rival Chamisa.

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President Emmerson Mnangagwa registered on Thursday for Zimbabwe’s first national elections of the post-Mugabe era, with his main rival Nelson Chamisa hoping to rally younger voters against the generation that won independence.

Western governments and investors will be closely watching the July 30 presidential and parliamentary ballots, for which monitors got clearance to deploy for the first time since 2002.



Mnangagwa and Chamisa, who also signed up on Thursday, are both campaigning on a pledge to revive an economy crippled by a legacy of often violent seizures of land from white commercial farmers and a black economic empowerment drive that targeted foreign-owned businesses.

Those policies were cornerstones of Robert Mugabe’s near four-decade rule, which ended in November after a de facto military coup that transferred power to 75-year-old Mnangagwa, his loyal acolyte for nearly 50 years.

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The ruling ZANU-PF says Zimbabwe is at a critical stage of transition requiring an experienced politician like Mnangagwa.

Chamisa, the 40-year-old leader of the opposition Movement for Democratic Change (MDC), says the president is equally to blame for the country’s economic troubles, since he served in each of Mugabe’s governments since independence in 1980.

Both arguments appear to have struck chords among the 5.4 million-strong electorate, 60 percent of whom are under 40.

While Zimbabwe lacks a reliable polling system, an unofficial survey released last week in its second city Bulawayo by the Mass Public Opinion Institute put Mnangagwa on 42 percent and Chamisa on 31 percent, while 25 percent declined to disclose a preference.

Crucially, Mnangagwa enjoys the backing of the army, which analysts say remains averse to any leader who lacks a pedigree from the liberation war against white rule.

Chamisa faces the additional hurdle of a divided opposition vote.

Joice Mujuru, a Mugabe deputy for 10 years before she was ousted from the ruling party in 2014, and Thokozani Khupe, who leads a splinter MDC faction after falling out with Chamisa, also entered the presidential race.

Another four lesser-known candidates also registered.

“We have opened up the democratic space and everyone is excited, they feel they can enter the race and contest, which is good,” said Justice Minister Ziyambi Ziyambai, after filing Mnangagwa’s papers at the High Court.

Attempts by Chamisa to have Mujuru and Khupe join the MDC and its alliance of smaller parties have so far failed.

“It is unfortunate that we are in a situation where other parties have not seen the light to say that it is important for opposition forces to unite and rally behind one candidate,” said Jameson Timba, who presented Chamisa’s nomination papers.

If no single presidential candidate wins an absolute majority next month, a run-off is scheduled for September.

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REUTERS

Business

Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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